According to IMARC Group’s latest report, titled “Reusable Straw Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global reusable straw market size reached US$ 1.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2027, exhibiting a CAGR of 7.7% during 2022-2027.
Reusable straw refers to eco-friendly variants of straw that are generally made up of recyclable materials. They can be categorized into several types, including stainless steel straw, glass straw, bamboo straw, titanium straw, and others. These reusable straw products are safer and more convenient to use, easily cleanable, and help in controlling the non-biodegradable waste generation levels as compared to their plastic counterparts. Consequently, they find extensive applications in hotels, cafes, restaurants, hospitals, schools, and other establishments across the globe.
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Reusable Straw Market Trends:
The increasing environmental concerns and the elevating consumer awareness about the ecological benefits of using eco-friendly straws are among the key factors driving the reusable straw market. In addition to this, the implementation of numerous stringent regulations by government bodies aimed at preventing the use of single-use plastic straws to reduce carbon footprints is acting as another significant growth-inducing factor. Apart from this, the introduction of new products made up of food-grade silicon by leading manufacturers is further stimulating the market growth. In line with this, the escalating popularity of stainless-steel straws, which are non-toxic, portable, tasteless, bisphenol A (BPA)-free, and rust-proof, is also positively influencing the global market. Besides this, the shifting preferences toward on-the-go- food consumption and online food delivery services, owing to the hectic and sedentary consumer lifestyles, the expanding product availability through multiple online retail channels, and the inflating investment in marketing and advertisement campaigns by the manufacturers to make the consumers aware about their product portfolio are expected to propel the reusable straw market over the forecasted period.
Reusable Straw Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the reusable straw market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Eco-Products, Inc
- EcoStraws Ltd
- Crate and Barrel
- Eco Imprints
- Ever Eco
- The Final Co. LLC
- Greens Steel
- Jungle Straws/Jungle Culture (Chalk & Skinner Ltd)
- Klean Kanteen
- Koffie Straw
- Simply Straws
- Steelys Drinkware
- StrawFree.org
- Shopterrain.com LLC
- U-KONSERVE
Key Market Segmentation:
The report has segmented the global reusable straw market on the basis of type, end-user, distribution channel and region.
Breakup by Type:
- Stainless Steel Straw
- Reusable Plastic Straw
- Bamboo Straw
- Glass Straw
- Others
Breakup by End-User:
- Residential
- HORECA
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Breakup by Region:
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
- Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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